SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) Sees Strong Trading Volume

Shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) saw an uptick in trading volume on Monday . 11,881,981 shares were traded during mid-day trading, an increase of 348% from the previous session’s volume of 2,649,638 shares.The stock last traded at $51.24 and had previously closed at $50.96.

SPDR Portfolio S&P 500 Value ETF Stock Up 0.4 %

The company’s 50-day moving average is $49.71 and its two-hundred day moving average is $49.01. The company has a market capitalization of $22.24 billion, a P/E ratio of 24.09 and a beta of 0.81.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SPYV. Williams Financial LLC increased its position in shares of SPDR Portfolio S&P 500 Value ETF by 6,166.3% in the second quarter. Williams Financial LLC now owns 42,988,918 shares of the company’s stock worth $2,101,241,000 after purchasing an additional 42,302,888 shares during the last quarter. Envestnet Asset Management Inc. grew its position in SPDR Portfolio S&P 500 Value ETF by 202.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 13,117,502 shares of the company’s stock valued at $611,669,000 after acquiring an additional 8,776,348 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the first quarter valued at approximately $152,867,000. LPL Financial LLC grew its position in SPDR Portfolio S&P 500 Value ETF by 7.6% during the second quarter. LPL Financial LLC now owns 35,973,940 shares of the company’s stock valued at $1,753,370,000 after acquiring an additional 2,535,855 shares during the last quarter. Finally, Quotient Wealth Partners LLC bought a new position in SPDR Portfolio S&P 500 Value ETF during the fourth quarter valued at approximately $109,990,000.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.